Taxation & Accounting

A Hong Kong company must file an audited account to the Inland Revenue Department annually, Our professional team provides you with a one-stop tax planning service, including annual bookkeeping, annual auditing, deferred tax analyses, tax basis balance sheet assistance, and other advisory services.

Our services include:

Preparation and filing a tax return
Assist customers to reply any inquiries issued by the IRD
Supporting quarterly and annual tax provision calculations
Validating tax balance sheet accounts
Management Account Bookkeeping

Keep accounting records

You must keep accounting records that include:

  • all money received and spent by the company
  • details of assets owned by the company
  • debts the company owes or is owed
  • stock the company owns at the end of the financial year
  • the stocktakings you used to work out the stock figure
  • all goods bought and sold
  • who you bought and sold them to and from (unless you run a retail business)

You must also keep any other financial records, information and calculations you need to prepare and file your annual accounts and Company Tax Return. This includes records of:

  • all money spent by the company, for example receipts, petty cash books, orders and delivery notes
  • all money received by the company, for example invoices, contracts, sales books and till rolls
  • any other relevant documents, for example bank statements and correspondence